Home > Salary > Iceland > Corporation Counsel
The occupation of a corporation counsel involves providing legal advice and guidance to corporations. These professionals serve as in-house attorneys, representing the corporation's interests and ensuring compliance with laws and regulations. They handle various legal matters, including contract negotiations, intellectual property issues, employment disputes, and corporate governance.
Corporation counsel also play a crucial role in risk management, identifying potential legal risks and developing strategies to mitigate them. They may represent the corporation in litigation, both as plaintiffs and defendants, and work closely with external law firms when necessary. Additionally, they stay up-to-date with changes in laws and regulations that may impact the corporation's operations and advise on appropriate actions.
Estimated Yearly Salary: 17,129,457 ISK
Estimated Monthly Salary: 1,427,455 ISK
Estimated Weekly Salary: 329,413 ISK per week
Estimated Hourly Salary: 8,235 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 1,382,345 ISK
Estimated Weekly Salary: 319,003 ISK per week
Estimated Hourly Salary: 7,975 ISK per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 119,778 USD
Estimated Monthly Salary: 9,982 USD
Estimated Weekly Salary: 2,303 USD per week
Estimated Hourly Salary: 58 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 17,129,457 ISK
Estimated Monthly Salary: 1,427,455 ISK
Estimated Weekly Salary: 329,413 ISK per week
Estimated Hourly Salary: 8,235 ISK per hour
By working as Corporation Counsel a person can save up to 7,253 USD per month or 87,032 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Iceland, see costs of living in Iceland.
Estimated Yearly Salary for Corporation Counsel
Last revision of data: 2025-01-04
Data as of 2025
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Corporation Counsel salary in Iceland
Average Yearly Salary of Corporation Counsel in Iceland is approximately 17,129,457 ISK (119,778 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Corporation Counsel do?
The occupation of a corporation counsel involves providing legal advice and guidance to corporations. These professionals serve as in-house attorneys, representing the corporation's interests and ensuring compliance with laws and regulations. They handle various legal matters, including contract negotiations, intellectual property issues, employment disputes, and corporate governance.
Corporation counsel also play a crucial role in risk management, identifying potential legal risks and developing strategies to mitigate them. They may represent the corporation in litigation, both as plaintiffs and defendants, and work closely with external law firms when necessary. Additionally, they stay up-to-date with changes in laws and regulations that may impact the corporation's operations and advise on appropriate actions.
Skills: Corporate law, Legal counsel, Compliance, Risk management, Litigation, Contract negotiation.
Job industry: Legal
Job industry: Legal
How much does Corporation Counsel make?
Salary details
How much does Corporation Counsel make?Estimated Yearly Salary: 17,129,457 ISK
Estimated Monthly Salary: 1,427,455 ISK
Estimated Weekly Salary: 329,413 ISK per week
Estimated Hourly Salary: 8,235 ISK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 16,588,143 ISKEstimated Monthly Salary: 1,382,345 ISK
Estimated Weekly Salary: 319,003 ISK per week
Estimated Hourly Salary: 7,975 ISK per hour
Last revision of data: 2024-01-03Corporation Counsel estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 119,778 USD
Estimated Monthly Salary: 9,982 USD
Estimated Weekly Salary: 2,303 USD per week
Estimated Hourly Salary: 58 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
Iceland, a Nordic island country located in the North Atlantic Ocean, is known for its stunning natural landscapes and unique geological features. With a population of approximately 366,000 people, Iceland is one of the least densely populated countries in Europe. The country covers an area of about 103,000 square kilometers, making it the 18th largest island in the world.
Estimated national average yearly salary is 8,949,782 ISK (68,220 USD). Value indicated is pre-tax. Below graph shows estimated Corporation Counsel job salary compared to average salary in Iceland.
Comparison shows that a person working as Corporation Counsel in Iceland earns on average:
1.91 times the average salary (or 191% of average salary).
Estimated national average yearly salary is 8,949,782 ISK (68,220 USD). Value indicated is pre-tax. Below graph shows estimated Corporation Counsel job salary compared to average salary in Iceland.
Comparison shows that a person working as Corporation Counsel in Iceland earns on average:
1.91 times the average salary (or 191% of average salary).
Is Corporation Counsel a well paid job?
Yes, our data shows that Corporation Counsel is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Corporation Counsel?
High salary for Corporation Counsel would be somewhere between 18,842,403 ISK and 24,837,713 ISK. However this is an estimation based on Gaussian Distribution.How much can you save working as Corporation Counsel in Iceland?
Living in Iceland the approximate monthly expenses are: 2,729 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 17,129,457 ISK
Estimated Monthly Salary: 1,427,455 ISK
Estimated Weekly Salary: 329,413 ISK per week
Estimated Hourly Salary: 8,235 ISK per hour
By working as Corporation Counsel a person can save up to 7,253 USD per month or 87,032 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Iceland, see costs of living in Iceland.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Norway, Faroe Islands, United Kingdom. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Corporation Counsel
Norway is 168,569 USD
United Kingdom is 78,800 USD
Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Iceland
(101,519,791 ISK per year, pre-tax.)
2. Cardiologist
(84,892,494 ISK per year, pre-tax.)
(82,036,676 ISK per year, pre-tax.)
4. Neurosurgeon
(79,530,435 ISK per year, pre-tax.)
(79,217,486 ISK per year, pre-tax.)
(77,544,423 ISK per year, pre-tax.)
(77,443,218 ISK per year, pre-tax.)
(77,278,803 ISK per year, pre-tax.)
9. Oncologist
(77,260,671 ISK per year, pre-tax.)
(77,231,503 ISK per year, pre-tax.)
Data as of 2025Random salary:
Computer operator (5,906,830 ISK per year, pre-tax.)
Water quality technician (6,175,376 ISK per year, pre-tax.)
Senior instrumentation engineer (16,736,039 ISK per year, pre-tax.)
Case management coordinator home care (5,456,562 ISK per year, pre-tax.)
Financial services director (12,972,817 ISK per year, pre-tax.)
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